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Dovercourt-Wallace Emerson-Junction, Toronto
$924,990
A Two-Unit Property Opportunity in Toronto! Investors and house hackers, discover 1259 Davenport Rd, a substantial 3-storey freehold townhome offering over 2,000 sq. ft. of living space and the potential to generate approximately $6,000/month in rental income. This recently updated home features 5+1 bedrooms, 2 kitchens, multiple private decks and two separate basement entrances, creating an ideal setup for investors seeking strong income potential or buyers looking to house hack and significantly reduce their monthly cost of living. Live in one portion while generating rental income from the additional living spaces, or maximize the property's income potential as an investment. The standout feature is the spacious rooftop deck with unobstructed panoramic views of the downtown Toronto skyline and CN Tower. Ideally located just steps from the Geary Avenue revitalization and future Galleria on the Park, with Ossington, St. Clair West and Bloor all nearby, along with an incredible selection of restaurants, bars, breweries, entertainment and transit. A rare opportunity to secure a flexible, high-income property in one of Toronto's most dynamic and rapidly transforming neighbourhoods.
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| Type | Att/Row/Townhouse |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,253 |
| Lot Size | 14.33 ft x 77 ft |
| mls© Number | W13682438 |
| Listed By | Rock Star Real Estate Inc., Brokerage |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,735
- Property tax
- $354
- Heat allowance
- $150
- Housing costs
- $5,239 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$161,000
gross annual household income
- Payment at 4%
- $3,893 / mo
- Cash down
- $184,998
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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